The GBPUSD pair continues to crawl downwards to approach the bullish channel’s support line, and as long as the price is above 1.3745, our bullish overview will remain valid, as breaking this level will press on the price to turn to decline on the intraday basis and head towards areas that might reach 1.3540, while the next main target of the expected bullish wave is located at 1.3965.

The expected trading range for today is between 1.3720 support and 1.3900 resistance.

The expected trend for today: Bullish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.2062	0.0009	0.0705%
End of day analysis for the EURUSD 06-05-2021
	GBP/USD	1.3895	0.0001	0.0061%

	Tadawul	10228.35	-26.53	0.26%

	Silver	27.308	0.788	2.973%

	Oil	64.809	0.899	1.407%
End of day analysis for Crude oil 06-05-2021
	Brent Oil	68.11	-0.85	1.23%

	Gold	1813.870	24.285	1.357%
End of day analysis for Gold 06-05-2021

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